Deal With Chevron Means Big Growth For Idaho-Based Jacksons Food Stores
One of Idaho’s largest privately-held companies will be expanding in a big way. Meridian-based Jacksons Food Stores has entered into a deal with Chevron that promises growth.
Under the terms of the agreement, 63 Jacksons locations that sell Chevron or Texaco gas will be converted to ExtraMile Convenience Stores. The CEO of Jacksons Food Stores, John Jackson, tells the Statesman roughly 600 of his 6,000 employees will be switched over to ExtraMile workers when the conversion happens next year in Idaho. Jacksons in Oregon and Washington will transition this year. Locations that sell Shell gasoline won’t be making the switch.
ExtraMile, which has been part of Chevron for over a decade, will be spun off from oil giant into its own separate company. John Jackson will become the CEO of ExtraMile Convenience Stores and lead the new venture.
The new company will see Jackson in charge of over 300 ExtraMile outlets. While not all of the thousands of Chevron stations nationwide are poised to have a convenience store, Jackson is hoping to double the size of ExtraMile over the next 10 years.
Jacksons Food Stores operate in Idaho, Oregon, Washington, Nevada and Arizona. The company is the state’s fourth-biggest private employer behind Albertsons, WinCo and Simplot.
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